Cryptocurrency XRP may launch an exchange-traded fund (ETF) this year, with applications as early as the next few months.
Cryptocurrency KOL Ben Armstrong hinted at the upcoming XRP ETF in a video. Armstrong said based on insider information that the application for the ETF may be filed in April, while the SEC v. Ripple lawsuit is also scheduled to be concluded.
Armstrong said that BlackRock, the world’s largest asset management company and one of the leading managers of Bitcoin ETFs, will be the first to launch the XRP ETF.